Nov 17, 2014

Japan Is Back In Recession


















Related trading instruments: Nikkei 225 Index, USDJPY forex cross;

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Time To Start Your Own Gold Standard



Related stocks and exchange traded funds: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 16, 2014

Signs Of Gold Making A Significant Bottom

There really is no one in the mainstream of investing who looks at a potential bottom in gold, a significant bottom. Not just a tradable bottom where you get a bounce and then you can get out and get back short. But no one is looking for a  significant low from which another bull market can be launched. So, to me that is a good sign that it is in fact what we are doing. Of course, fundamentally, it all makes sense because over the next few months is when the bloom is coming off the U.S. recovery rose.

Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 14, 2014

Rising Prices Do Not Stimulate Consumption

Only a central banker and maybe a Wall Street analyst could somehow come with with this ridiculous theory that it is rising prices that stimulate consumption and falling prices somehow stimulate depression. None of that is true and the Japanese are finding this out the hard way.

Related trading instruments: Yen, USDJPY forex cross, Nikkei 225 Index;

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 13, 2014

Few Believe That The Bull Market Is In Danger



Related stocks and Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), Facebook (FB), Tesla Motors (TSLA), Netflix (NFLX), Amazon (AMZN)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Abenomics Is Failing, Is Gold Bottoming?



Related trading stocks and exchange traded funds: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 12, 2014

Stocks Lived By QE. Will They Die Without It?


























Related stocks and exchange traded funds: Facebook (FB), Tesla Motors (TSLA), Twitter (TWTR), Netflix (NFLX), Amazon (AMZN), Bank of America (BAC), citigroup (C), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Bitcoin Will Continue To Head Lower

I think it is a bubble like any other bubble. The dot com bubble,  we had the real estate bubble, we had the Bitcoin bubble. And the Bitcoin bubble has already popped.

Bitcoin now, is trading around 350 dollars/ bitcoin, the high was 110 or 1200. So, I think we already saw the speculative blow off and I do not think the currency will is going back up to that rate again. I think we will continue to head lower.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 11, 2014

Greenspan On Gold
















Related stocks and ETFs: Newmont Mining (NEM), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), Barrick Gold (ABX)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Why Is The U.S. Dollar Rallying?

Everybody is wrongly anticipating that the Federal Reserve is going to tighten. They believe that Quantitative easing has worked, that zero percent interest rates have worked and because they worked, they are no longer needed.

Well, the fact of the matters they are needed now more than ever before. Because they did not work in creating a legitimate economic recovery, all they did was inflate a big bubble. And you cannot keep the bubble inflated without the air. So, the Federal Reserve cannot suck the air out of the bubble and expect it to keep expanding.

Related exchange traded funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 10, 2014

America: Raising Taxes And Demonizing The Successful























Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Monetary Policy: There Is No Exit Strategy

When they figure out that there is no exit strategy, that exit from this monetary policy is impossible, that it really is Qe-infinity, that interest rates will have to stay at zero forever. No matter how high inflation gets, than its a game changer and the bottom will drop out of the U.S. Dollar.

Related trading: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), EURUSD forex cross, AUDUSD forex cross, USDJPY forex cross

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 8, 2014

America`s Job Growth: Waiters & Bartenders













Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 7, 2014

Employment Report: Unemployment Falls But Real Wages Do Not Rise


















Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 6, 2014

2008 Crisis: The Economy Is Even Sicker Now

Unfortunately all the problems that led to the housing bubble and the inevitable financial crisis, all the problems are now worse than they were. And it is interesting that all the so-called experts, economists, market strategists, did not understand just how sick the economy was, leading up to the 2008 financial crisis. They do not understand it is even sicker now. They never understood the disease, they think the Fed`s cure worked, but the Fed`s cure only made the disease that the Federal Reserve created worse.

Related trading instruments: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), SPDR S&P Homebuilders ETF (XHB)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Video: U.S. Economy, Interest Rates & Bitcoin



Related exchange traded funds: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Corporate Layoffs Surge In October



Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 5, 2014

U.S. Economy: Is It Strong Or Weak?



Related ETFs: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Crude Oil: Low Prices Are Not Sustainable

I do not think these levels are going to be sustainable given all the inflation that is being created around the world and the inflation I believe is going to be created in the United States.

Related trading instruments: Exxon Mobil (XOM), Marathon oil (MRO), ConocoPhipllips (COP), Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures;

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 4, 2014

America`s Bubble Economy



















Related Exchange Traded Funds: United States Oil Fund LP ETF (USO), Nymex Crude Oil, SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 3, 2014

Can The Fed End QE Without Causing Turmoil?

The idea that we can end quantitative easing and that everything is going to be fine... Why did we do QE3? Everybody forgets! We did QE3 because QE2 did not work. Why did we do QE2? Because QE1 did not work. So, why do people think that it will be any different now with QE3? We ended QE3, we ended QE2, we ended QE1. I think we are going to resurrect it again.

Related: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Schiff Report: Stock Market, Gold Stocks



Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Nasdaq 100 Index ETF (QQQ), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Nov 1, 2014

Stock Market: Good Times Will Not Last

I do not expect the good times to last. Reality will start to set in. You have all these traders now that realize that the Federal Reserve safety net is not there.

Related exchange traded funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 31, 2014

Stocks: The Market Is On Its Own Now



Topics: 

- QE is dead;
- no concerns about market volatility by the Federal Reserve;
- are they convinced that QE really worked?
- market`s reaction to the Fed statement;

Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ);

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 30, 2014

Greenspan: The Fed Cannot Exit Without Creating Turmoil



Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 29, 2014

Federal Reserve: Now Comes The Tough Task


Related Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), Select Sector Financial Select Sector SPDR ETF (XLF), Market Vectors Gold Miners ETF (GDX)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Corporate Earnings: What Are They Telling Us (MCD, AMZN, KO)

If you look at a lot of the evidence coming out of corporate america in the past week, you can see that the consumer is in fact struggling. Look at some of the big companies that reported earnings in the past week. Those that deal with average americans are showing a big drop in their earnings. Look at what happened with McDonalds (MCD).

Related stocks: Amazon (AMZN), The Coca-Cola Co. (KO), McDonalds (MCD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 28, 2014

CNBC Video: "I Am Wrong Less Often Than Every Other Guest That Comes On This Program"


Related stocks and Exchange traded funds: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets Index ETF (EEM)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

The Economy Is Much Weaker Than People Think



Related trading stocks and Exchange Traded Funds: McDonalds (MCD), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), The Coca-Cola Co. (KO), Amazon (AMZN)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

The Economy Cannot Survive Without QE


Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 27, 2014

The U.S. Economy Is A Disaster

I think the economy is a disaster. And that is why I do not think the Federal Reserve is going to exit. Unfortunately they got QE$ queued up and ready to launch.

They are going to do more quantitative easing, not because it has worked but because it has been an abysmal failure. But they can`t admit it has been a failure, they are going to do it all over again.

Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 25, 2014

The Only Way The Fed Will End QE

They have to keep pretending they can end it at a later date, because they can never end it on any date. They cannot end it without creating a recession, they cannot end it without producing another financial crisis, which means they are not going to end it.

I mean, not on their own terms. That does not mean it is never going to end. It will end, when a currency crisis and a sovereign debt crisis forces it to end. But before that happens, the Federal Reserve is going to come up with one excuse after another which is what I said since they launched QE1!

Related trading instruments:  Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 24, 2014

What is The Fed Going To Do If Stocks Go Down?

Recently they have been sucking the air out of the bubbles. And now they are surprised that the bubbles are deflating?

What they are going to do is they are going to try to blow the air back into the bubble. They need the stock market going up, so if the stock market goes down, what are they going to do? And again, it is not just stocks, it is real estate. That is going down too.

Related Exchange Traded Funds: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 23, 2014

Markets Are Slowly Coming To Grips With The Reality

I think the markets are slowly coming to grips with the reality that the exit from QE is not going to be as easy as everybody thought. You know, I heard Dallas Fed Chairman, Richard Fischer on CNBC earlier, calling for QE to end on schedule. But what Fischer does not understand is that you cannot end QE without plunging the U.S. Economy into a severe recession.

It is because of the monetary policy of the Federal Reserve that the U.S. economy is more screwed up now than it has ever been in its history.

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 22, 2014

Ending Quantitative Easing Will Plunge The U.S. Economy Into Recession


Related Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR S&P Homebuilders (ETF) (XHB)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

QE: When The Effects Wear Off...



Related Exchange Traded Funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 21, 2014

More QE To Get The Stock Market Up Again

In fact, just as I said, a lot of the enthusiasm or the talk about the Federal Reserve maybe not ending QE or not raising rates, a lot of it has to do with the weakness in the market.

People are saying, well, won`t this weakness in the stock market put the Federal Reserve on hold? That is exactly what I was saying before the market weakened. I said initially, if the Federal Reserve tapers the stimulus, the markets will go down. And the markets going down will mean that the Federal Reserve has to come back and stimulate to get the market back up. Because the goal of QE was to inflate the stock market and the real estate market.

Related Exchange Traded Funds: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares MSCI Emerging Markets Index ETF (EEM)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Market Update: Deflation, Inflation & QE4



Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 19, 2014

Endless QE: The End Result Will Be...




















Related trading instruments: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), Nymex Crude Oil, United States Oil Fund LP ETF (USO), iShares Silver ETF (SLV)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 17, 2014

Gold: China Is Quietly Buying


















Related Stocks and Exchange Traded Funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 16, 2014

Gold: $1200 Will Seem Cheap



Related trading vehicles: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 15, 2014

U.S. Economy: We Will Be In Recession By Early 2015

The U.S. is n to going to be ending QE (quantitative easing) or raising rates. In fact, I think we are going to be doing more QE than Europe and Japan.

The best growth for the U.S. Economy happened in the second quarter, it is downhill from there. All the data and all the common sense points to the fact that we are headed back to recession. We should be in recession be early 2015.

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Investors Will Return To Gold



Related stocks and Exchange Traded Funds: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 14, 2014

U.S. Dollar: Why The Rally?



Related trading instruments: EURUSD forex cross, USDJPY forex cross; SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Market Vectors Gold Miners ETF (GDX)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

The False Premise Of The U.S. Dollar Rally



Related stocks and Exchange Traded Funds: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), EURUSD forex cross

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Volatility Is Indicative Of A Topping Stock Market

All this volatility is likely indicative of a top in the market and a turning point. And this has been ongoing for months. The stock market has never really been able to make significant progress this year, I have been talking about that all year. Even though the major averages have recorded gains up until now, beneath the surface, the average stock was declining. In fact, there are many stocks that are already in bear markets and you can`t really see it if you are just looking at the headlines.

Related trading stocks and indexes: iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ), SPDR S&P 500 Index ETF (SPY), SPDR S&P Homebuilders (ETF) (XHB), Facebook (FB), Twitter (TWTR), Tesla Motors (TSLA)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 13, 2014

Stocks: A Top And A Turning Point

Look at the housing stocks. Thats about the worst looking sector out there, although this (last) week the technology sector got clobbered. So, to me you are seeing a turning point in the market. All this volatility is likely indicative of a top in the market and a turning point.

Related trading instruments: SPDR S&P Homebuilders (ETF) (XHB), Lennar Corporation (LEN), KB Home (NYSE:KBH), Facebook (FB), Twitter (TWTR), Netflix (NFLX), Tesla Motors (TSLA), SPDR S&P 500 Index ETF (SPY)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Stock Market: Economically Sensitive Indexes Are The Weakest

Everybody is talking about the U.S. recovery, yet the economically sensitive indexes are the weakest. And of course, these deal directly with the domestic economy. You don`t have the multinationals in the Russell 2000, that you have in the Dow Jones.

And if all this story about how there is weakness overseas, but America is an island of strength in a sea of recession, if that really were true why are the indexes that are most tied to the U.S. Economy the weakest?

Related trading instruments: SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), FedEx Corporation (FDX), Delta Air Lines (DAL), Union Pacific Corporation (UNP)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Stock Market: The Worst Week In Years

It was the worst week in the stock market in years. The Dow Transportation Index, it had the biggest decline in over 3 years, down 6.9 percent. And that`s despite Crude Oil down 4.6%. That`s the worst week in about p months and over the last 2 weeks crude oil is down 8.5 percent.

The nasdaq was down 4.4% on the week. The worst week in 30 months. And the Russell 2000 which is an even broader measure, which has been weaker, was down 4.6% on the week.

The Dow Jones is now flat on the year, maybe slightly negative, but the Nasdaq is down, the Russell 2000 is down. In fact the Russell 200o index has the worst chart of them all.

It`s interesting that the most economically sensitive measures, which are the transports and the Russell are the weakest.

Related stocks and ETFs:  SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM),  Delta Air Lines, Inc. (DAL), FedEx Corporation (FDX), Union Pacific Corporation (UNP)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 10, 2014

Federal Reserve: QE Has Not Worked!



Related trading instruments: SPDR S&P 500 Index ETF (SPY), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), Bank of America (BAC), J.P. Morgan (JPM), Facebook (FB), Netflix (NFLX), Twitter (TWTR), Tesla Motors (TSLA)




















Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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